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Gold Futures End Higher As Risk-off Sentiment Lifts Safe-haven Demand

KUALA LUMPUR, Dec 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today as risk-off sentiment prevailed, with investors turning to the safe-haven metal ahead of a potential US rate cut later this month.

Ringgit Ends Flat Against US Dollar Ahead Of FOMC Meeting Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 1 (Bernama) – The ringgit ended flat against the US dollar today as traders adopted a wait-and-see approach ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.

Renewed Bargain Hunting Lifts Bursa Malaysia, CI Up 1.25 Pct

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia started the final month of the year on a firmer footing, with the key index climbing 1.25 per cent at Monday’s close, supported by renewed bargain hunting and year-end portfolio rebalancing by institutional investors.  

Tengku Zafrul’s Legacy Marked By Continued Fervour To Scale Up Malaysia’s Trade Competitiveness

By Karina Imran

KUALA LUMPUR, Dec 1 (Bernama) – Tengku Datuk Seri Zafrul Abdul Aziz not only leaves behind a legacy marked by a continued fervour to scale up Malaysia’s global competitiveness in trade and industry but showed remarkable leadership in being able to lower tariff rates to a more palatable level imposed by the United States.

NETR Boosts Domestic Demand For Electric Buses, Enhancing Malaysia’s Competitiveness

JOHOR BAHRU, Dec 1 (Bernama) -- The National Energy Transition Roadmap (NETR), which aims to increase the use of electric buses significantly, is seen as opening up new growth opportunities for local manufacturers, including Johor-based Gemilang Coachwork Sdn Bhd.

Xiamen International Bank Marks Four Decades Of Growth, Global Connections

KUALA LUMPUR, Dec 1 (Bernama) -- Xiamen International Bank has operated from the Xiamen Special Economic Zone since 1985, expanding nationwide and establishing global connections while participating in China’s financial opening-up.

Bursa Malaysia Remains Higher At Mid-Afternoon

KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia remained higher at mid-afternoon, supported by persistent buying in selected heavyweights led by financial services, utilities, and industrial products and services sectors.   

Tencent’s New Kl Office Marks Stronger Digital Investment In Malaysia -- Gobind

KUALA LUMPUR, Dec 1 (Bernama) -- The opening of Chinese tech conglomerate Tencent Holdings Ltd’s new office in Malaysia reflects stronger long-term digital investment and reinforces the country’s position as an emerging regional technology hub, Digital Minister Gobind Singh Deo said.

Bursa Malaysia Higher At Midday, CI Up 1.09 Pct

KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia ended the morning session higher today, with the key index rising 1.09 per cent, in line with the mostly higher performance in regional markets ahead of several key data releases.

DMDI Ventures Launches Maiden Electrical Store In Melaka

MELAKA, Dec 1 (Bernama) -- Dunia Melayu Dunia Islam (DMDI), through its subsidiary DMDI Ventures, has launched its first electrical goods store that features the Selamat brand.

Bursa Malaysia Opens Higher Tracking Wall Street Gains

KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia opened higher on Monday, tracking  Friday’s Wall Street gains as the overall sentiment was bolstered by improving expectations of a Federal Reserve rate cut in December, with many anticipating a further 25-basis-point reduction.

Ringgit Opens Unchanged As Traders Await FOMC Outcome

KUALA LUMPUR, Dec 1 (Bernama) -- The ringgit opened unchanged against the US dollar today as traders adopted a wait-and-see stance ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.